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<p>[QUOTE="Phil Ham, post: 2946831, member: 5787"]Here is my take. The price of silver hit its zenith in 2012 and has slowly returned to a more normal level. It takes folks awhile to forget "that loving feeling" for silver and they continued to buy ASE's. As we moved into 2017, folks felt good about the economy and worried less about another recession. Americans are spending more money on the present (vacations, fun, eating out, etc.) and less on the likely hood of a recession. Thus, they purchase less precious metals, savings bonds, CD's, etc. Meanwhile, the ASE demand has dropped to about the 2008 level. Thus, I'm starting to divert more money from equities into silver, money market accounts, etc. The new tax bill will keep the market inflated in 2018 but it will eventually reach the cliff. I'm hoping that my pure silver mountain gear will save me from a rough fall.[/QUOTE]</p><p><br /></p>
[QUOTE="Phil Ham, post: 2946831, member: 5787"]Here is my take. The price of silver hit its zenith in 2012 and has slowly returned to a more normal level. It takes folks awhile to forget "that loving feeling" for silver and they continued to buy ASE's. As we moved into 2017, folks felt good about the economy and worried less about another recession. Americans are spending more money on the present (vacations, fun, eating out, etc.) and less on the likely hood of a recession. Thus, they purchase less precious metals, savings bonds, CD's, etc. Meanwhile, the ASE demand has dropped to about the 2008 level. Thus, I'm starting to divert more money from equities into silver, money market accounts, etc. The new tax bill will keep the market inflated in 2018 but it will eventually reach the cliff. I'm hoping that my pure silver mountain gear will save me from a rough fall.[/QUOTE]
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